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Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms

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Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs.

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Coin Market

Nomura explores sale of crypto unit Laser Digital: Bloomberg

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The potential sale of Laser Digital follows a fourth straight quarterly loss for Nomura’s European operations.

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Uncalled US House races could send more crypto allies to Congress

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The remaining races feature pro-crypto candidates and others without a stated position, giving advocacy groups what they see as “an opportunity” for outreach.

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US data center restrictions could give Bitcoin miners an edge in AI, though challenges remain

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As US voters push back against new data centers, Bitcoin miners already expanding into AI could benefit from their existing facilities.

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